Senior Financial Analyst - HYBRID

Cigna

Full-time - Mid Level

Hybrid

Insurance Carriers and Related Activities

About the position

The Senior Financial Analyst position is a hybrid role that requires both analytical support for the Finance Planning team and collaboration with Business Partners within ESI. This role is pivotal in the development and preparation of budgeting, forecasting, reporting, and analysis related to volume and gross margin, which includes various revenue and cost components. The ideal candidate will possess strong analytical, quantitative, problem-solving, and critical thinking skills, with a proficiency in Excel to model data and create or modify reports. Experience with multidimensional databases, such as Oracle Essbase, is considered a plus. Key responsibilities include drug/client level gross margin reporting, forecasting, and analysis for management teams, as well as month-end close reporting and variance explanation analysis. The analyst will also be involved in the annual budget development process, coordinating and reviewing submissions, and presenting analyses at both drug and client levels. Leading budget kickoffs with business partners, building templates, conducting training, and overseeing the budget of specific cost accounts impacting margins are also essential functions of this role. Additionally, the analyst will perform ad-hoc analysis and participate in projects as needed by finance partners and cross-functional teams. The Finance department at The Cigna Group is focused on financial reporting and analysis, ensuring that spending remains on track and that the company continues to be a profitable industry leader. The department values innovative thinking and collaboration, making it an ideal environment for those with a passion for financial analysis and reporting.

Responsibilities

• Provide analytical support for Finance Planning team Managers and Business Partners within ESI.
• Develop and prepare budgeting, forecasting, reporting, and analysis related to volume and gross margin.
• Conduct drug/client level gross margin reporting, forecasting, and analysis for management teams.
• Prepare month-end close reporting and variance explanation analysis.
• Coordinate and review the annual budget development process, presenting analysis at drug and client levels.
• Lead budget kickoffs with Business Partners, including template buildout and training.
• Oversee the budget of certain cost accounts impacting margins and communicate with business owners.
• Perform ad-hoc analysis and participate in projects as needed by finance partners and cross-functional partners.

Requirements

• Bachelor's degree in Accounting, Finance, Economics, or a related field required; MBA preferred.
• 3+ years of financial planning experience.
• Highly analytical with solid database skills and the ability to discern and develop business requirements.
• Strong interpersonal skills with the ability to manage collaborative efforts and interact with Director level and above cross-functional partners.
• Advanced knowledge of Excel, including pivot tables, VLOOKUP, and logical formulas.
• Intense attention to detail and ability to manage timelines and meet tight deadlines.
• Experience with Hyperion Essbase is a plus.

Nice-to-haves

• Experience with multidimensional databases like Oracle Essbase.